Can you trust your financial advisor?
By Steve Wartenberg
THE COLUMBUS DISPATCH
Pat Huddleston understands how the mind of a con artist works.
"The scam artist understands human nature and preys upon it," said Huddleston, a former official with the U.S. Securities and Exchange Commission who now runs Investor's Watchdog in Atlanta.
"They know the route around every roadblock and how to get around it."
In times like these, with 401(k) investments shrinking and money troubles around every corner, consumers often seek the advice of financial advisers. But among those who offer to help you are a few interested only in helping themselves -- to your money.
http://dispatch.com/live/content/business/stories/2009/02/08/dishonest_financial_advisors.AR0_ART_02-08-09D2_C7CQICJ.html
THE COLUMBUS DISPATCH
Pat Huddleston understands how the mind of a con artist works.
"The scam artist understands human nature and preys upon it," said Huddleston, a former official with the U.S. Securities and Exchange Commission who now runs Investor's Watchdog in Atlanta.
"They know the route around every roadblock and how to get around it."
In times like these, with 401(k) investments shrinking and money troubles around every corner, consumers often seek the advice of financial advisers. But among those who offer to help you are a few interested only in helping themselves -- to your money.
